GNI (constant LCU), per unit of GDP in Iceland
Iceland: GNI (constant LCU), per unit of GDP was 106.98 constant LCU per US$ of GDP in 2024. ▼ Falling
GNI (constant LCU), per unit of GDP in Iceland, 2000–2024
Source: Statizoid (derived). Measured in constant LCU per US$ of GDP.
Analysis
In 2024, gni (constant lcu), per unit of gdp in Iceland stood at 106.98 constant LCU per US$ of GDP. That is the lowest value across all 25 years on record.
That represents a change of down 4.9% on the previous year and down 25.4% over ten years.
Over the whole period, gni (constant lcu), per unit of gdp in Iceland peaked at 239.15 constant LCU per US$ of GDP in 2001 and was at its lowest, 106.98 constant LCU per US$ of GDP, in 2024.
That places Iceland 45th out of 170 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 25 years of available data.
GNI (constant LCU), per unit of GDP in Iceland, year by year
| Year | constant LCU per US$ of GDP | Change |
|---|---|---|
| 2000 | 210.24 constant LCU per US$ of GDP | — |
| 2001 | 239.15 constant LCU per US$ of GDP | +13.8% |
| 2002 | 219.39 constant LCU per US$ of GDP | -8.3% |
| 2003 | 177.83 constant LCU per US$ of GDP | -18.9% |
| 2004 | 153.6 constant LCU per US$ of GDP | -13.6% |
| 2005 | 135.82 constant LCU per US$ of GDP | -11.6% |
| 2006 | 135.75 constant LCU per US$ of GDP | -0.1% |
| 2007 | 118.8 constant LCU per US$ of GDP | -12.5% |
| 2008 | 120.5 constant LCU per US$ of GDP | +1.4% |
| 2009 | 156.68 constant LCU per US$ of GDP | +30.0% |
| 2010 | 150.9 constant LCU per US$ of GDP | -3.7% |
| 2011 | 142.5 constant LCU per US$ of GDP | -5.6% |
| 2012 | 151.46 constant LCU per US$ of GDP | +6.3% |
| 2013 | 156.08 constant LCU per US$ of GDP | +3.0% |
| 2014 | 143.32 constant LCU per US$ of GDP | -8.2% |
| 2015 | 157.3 constant LCU per US$ of GDP | +9.8% |
| 2016 | 143.07 constant LCU per US$ of GDP | -9.0% |
| 2017 | 123.56 constant LCU per US$ of GDP | -13.6% |
| 2018 | 120.27 constant LCU per US$ of GDP | -2.7% |
| 2019 | 131.5 constant LCU per US$ of GDP | +9.3% |
| 2020 | 139.55 constant LCU per US$ of GDP | +6.1% |
| 2021 | 121.26 constant LCU per US$ of GDP | -13.1% |
| 2022 | 118.79 constant LCU per US$ of GDP | -2.0% |
| 2023 | 112.55 constant LCU per US$ of GDP | -5.3% |
| 2024 | 106.98 constant LCU per US$ of GDP | -4.9% |
Iceland compared with similar countries
- Iceland's 106.98 constant LCU per US$ of GDP is above the median for high income countries, which is 0.8306 constant LCU per US$ of GDP, 128.8× the median. (60 countries reporting)
- Iceland's 106.98 constant LCU per US$ of GDP is above the median for Europe & Central Asia, which is 0.7817 constant LCU per US$ of GDP, 136.9× the median. (49 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 166.78 constant LCU per US$ of GDP | 118.8 constant LCU per US$ of GDP | 239.15 constant LCU per US$ of GDP | 10 |
| 2010s | 142 constant LCU per US$ of GDP | 120.27 constant LCU per US$ of GDP | 157.3 constant LCU per US$ of GDP | 10 |
| 2020s | 119.83 constant LCU per US$ of GDP | 106.98 constant LCU per US$ of GDP | 139.55 constant LCU per US$ of GDP | 5 |
Countries ranked near Iceland
- 42 Vanuatu 127.57 constant LCU per US$ of GDP compare
- 43 Sri Lanka 116.8 constant LCU per US$ of GDP compare
- 44 Pakistan 110.9 constant LCU per US$ of GDP compare
- 46 Kenya 83.41 constant LCU per US$ of GDP compare
- 47 Cape Verde 83.25 constant LCU per US$ of GDP compare
- 48 India 80.41 constant LCU per US$ of GDP compare
More economy & growth data for Iceland
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.96 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.48 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps -851.71 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.0221 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita -2,170 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled -201.70 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -107.12 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit -0.0052 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita -514.02 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 20.76 % change on previous year (2025)
Frequently asked questions
- What is gni (constant lcu), per unit of gdp in Iceland?
- Gni (constant lcu), per unit of gdp in Iceland was 106.98 constant LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest gni (constant lcu), per unit of gdp recorded in Iceland?
- The highest recorded value was 239.15 constant LCU per US$ of GDP in 2001.
- What is the lowest gni (constant lcu), per unit of gdp recorded in Iceland?
- The lowest recorded value was 106.98 constant LCU per US$ of GDP in 2024.
- How does Iceland rank for gni (constant lcu), per unit of gdp?
- Iceland ranks 45th out of 170 countries with data for 2024.
- Is gni (constant lcu), per unit of gdp rising or falling in Iceland?
- Over the last ten years it is down 25.4%. The long-run trend across the full record is falling.
- Where does this Iceland data come from?
- The figures come from Statizoid (derived), published as part of GNI (constant LCU), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
GNI (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
GNI (constant LCU) ÷ GDP (current US$)
Computed from
- GNI Country official statistics, National Statistical Organizations and/or Central Banks
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
GNI (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.